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20130113
20130121
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felt would be resolved ultimately in some form the way that it was. the debt ceiling crisis does sort of put these o'two sides, the republicans and democrats and the white house and congress head to head. once again right now, the republicans have insisted that the only way they will raise that debt ceiling past the 16.4 trillion mark where it is right now is if they get dollar for-dollar spending cuts that match that raise. the president has said, his press secretary has said, they will not negotiate on this issue. on the fiscal cliff issue they were willing to negotiate. there were obviously conversations behind the scenes. we know the leaders of congress came here to the white house. on the debt ceiling issue it is dramatically different. and on top of that you also have two other issues where these two sides will be going head to head. again, the issue of sequester. and obviously, the continuing resolution, basically the way the government is paid for going forward. so we've got a busy couple months ahead of us. >> we do. hey, peter, we have to take note that we're going to see yo
attached to the debt ceiling. this of course does follow that bruising battle the year before last, where he did negotiate on the issue, and the u.s. nearly went to the brink of default. he said that congress has to pay the bills that it's already racked up. >> you don't go out to dinner and then, you know, eat all you want and then leave without paying the check. and if you do, you're breaking the law. and congress should think about it the same way that the american people do. you don't -- now, if congress want, to have a debate about maybe we shouldn't go out to dinner next time, maybe we should go to a more modest restaurant, that's fine. that's the debate that we should have. >> reporter: in this press conference that was called last minute in the east room, president obama said he will negotiate a deal on deficit reduction but not, as he put it, quote, with a gun to the head of the american people. as you know, joe, republicans are saying they're not going to increase the debt ceiling unless they get spending cuts in return. so, it really throws into question, as president obama obv
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